Saudi Oil Exports Dropped in March From Two-Year High In February ...Middle East

Crude oil exports from Saudi Arabia fell slightly in March from February, when the world’s top crude exporter shipped the highest level of crude since April 2020. The Kingdom’s crude oil exports averaged 7.235 million barrels per day (bpd) in March 2022, down from 7.307 million bpd in February, which was the first time since April 2020 that the Saudis had exported more than 7 million bpd of crude, data from the Joint Organisations Data Initiative (JODI) showed on Monday. Despite the decline in crude shipments in March, Saudi Arabia’s…

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